We are live on ! Find out more
IBCP icon

Independent Bank Corp

131 hedge funds and large institutions have $434M invested in Independent Bank Corp in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 50 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 15

1% less funds holding

Funds holding: 132131 (-1)

0.91% less ownership

Funds ownership: 82.79%81.87% (-0.91%)

3% less capital invested

Capital invested by funds: $449M → $434M (-$15M)

6% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 50

Holders
131
Holders Change
-1
Holders Change %
-0.76%
% of All Funds
1.89%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
15
Increased
47
Reduced
50
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
51
Victory Capital Management
Texas
$793K -$92K -3,700 -11%
UBS Group
52
UBS Group
Switzerland
$780K -$98.5K -3,961 -11%
AIMCA
53
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$768K
Franklin Resources
54
Franklin Resources
California
$766K +$349K +14,054 +87%
BGIM
55
Brandywine Global Investment Management
Pennsylvania
$750K -$5.47K -220 -0.7%
ZCM
56
Ziegler Capital Management
Illinois
$747K +$48.9K +1,968 +7%
Legal & General Group
57
Legal & General Group
United Kingdom
$741K
Los Angeles Capital Management
58
Los Angeles Capital Management
California
$727K +$4.25K +171 +0.6%
CCIA
59
Campbell & Co Investment Adviser
Maryland
$724K +$104K +4,201 +17%
VOYA Investment Management
60
VOYA Investment Management
Georgia
$712K -$33.4K -1,345 -5%
CS
61
Credit Suisse
Switzerland
$708K +$32.9K +1,322 +5%
WCM
62
Wedge Capital Management
North Carolina
$666K +$127K +5,124 +24%
HighTower Advisors
63
HighTower Advisors
Illinois
$665K +$103K +4,155 +19%
Millennium Management
64
Millennium Management
New York
$655K -$3.24M -130,370 -83%
AG
65
Algert Global
California
$650K
Teacher Retirement System of Texas
66
Teacher Retirement System of Texas
Texas
$646K +$246K +9,893 +64%
CSS
67
Cubist Systematic Strategies
Connecticut
$631K +$193K +7,774 +45%
Citigroup
68
Citigroup
New York
$618K +$193K +7,763 +47%
UBS AM
69
UBS AM
Illinois
$533K
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$526K -$28.6K -1,152 -5%
AllianceBernstein
71
AllianceBernstein
Tennessee
$519K +$122K +4,900 +31%
Connor, Clark & Lunn Investment Management (CC&L)
72
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$508K -$3.73K -150 -0.7%
HEIP
73
Hudson Edge Investment Partners
New Jersey
$499K +$130K +5,214 +36%
Rafferty Asset Management
74
Rafferty Asset Management
New York
$490K +$141K +5,678 +42%
Two Sigma Investments
75
Two Sigma Investments
New York
$432K -$131K -5,257 -24%

IBCP Hedge Fund Activity: Q1 2024 in Review

131 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Independent Bank Corp (IBCP) for Q1 2024, worth a combined $434M — down 3.3% from $449M a quarter earlier.

Fund positioning in IBCP was balanced in Q1 2024: 15 funds opened new positions, 15 closed out, 47 added to existing stakes and 50 trimmed.

The largest buyer was FJ Capital Management, adding an estimated $6.24M. The largest seller was Morgan Stanley, cutting an estimated $6.07M.

  • 131 institutional investors held Independent Bank Corp (IBCP) as of Q1 2024, down from 132 in Q4 2023.
  • Funds reported $434M of Independent Bank Corp stock for Q1 2024, down 3.3% quarter-over-quarter.
  • 15 funds opened new Independent Bank Corp positions in Q1 2024 and 15 closed out, a net change of 0 holders.
  • The largest Independent Bank Corp buyer in Q1 2024 was FJ Capital Management, an estimated $6.24M added.
  • The largest Independent Bank Corp seller in Q1 2024 was Morgan Stanley, an estimated $6.07M sold.

Based on aggregated 13F filings for Q1 2024.